SHARJAH / WAM The Sharjah Executive Council (SEC) held its weekly meeting, chaired by HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council. The meeting was attended by HH Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Vice Chairman of the …

ABU DHABI / WAM The management of Adnoc Distribution revealed its new 5-year growth strategy at an Investor Day in Abu Dhabi on Monday. Speaking at the Investor Day event, Bader Saeed Al Lamki, CEO of Adnoc Distribution, said, “Adnoc Distribution’s new growth strategy is underpinned by three key drivers: domestic growth, international platforms, and future-proofing the business. In its …

SHARJAH / WAM Air Arabia (PJSC), the region’s leading low-cost carrier (LCC), soared to new heights in 2023, earning a record-breaking net profit of AED1.5 billion, marking a significant 27% increase compared to the previous year’s AED 1.2 billion. The company in its financial results for the full year ending on December 31, 2023, stated that the airline’s turnover for …